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Notice regarding decisions regarding acquisition of treasury stock

(Acquisition of treasury stock based on the provisions of the articles of incorporation pursuant to the provisions of Article 165, Paragraph 2 of the Companies Act)


SB Technology Corp.

We would like to inform you that at the board of directors meeting held today, we have resolved matters related to the acquisition of treasury stock based on the provisions of Article 156 of the Companies Act, which is applied by replacing the terms with the provisions of Article 165, Paragraph 3 of the same Act. .

Record

1. Reasons for acquiring treasury stock
The purpose of acquiring treasury stock is to enhance shareholder returns and improve capital efficiency.

2. Contents of matters related to acquisition

(1) Type of stock to be acquired Our common stock
(2) Total number of shares to be acquired 500,000 shares (maximum)
(2.5% of the total number of issued shares (excluding treasury shares))
(3) Total acquisition price of shares 1.2 billion yen (upper limit)
(4) Acquisition period From May 16, 2022 to September 30, 2022

(Reference) Treasury stock holding status as of March 31, 2022

Total number of issued shares (excluding treasury stock) 20,258,449 shares
Number of treasury shares 2,484,351 shares

that's all

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  • *Company names, product names, and service names mentioned in this release are trademarks or registered trademarks of our company or each company or organization.

Contact information for inquiries from media regarding this matter

○ SB Technology Corp. Management Planning Headquarters Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp